“…3 In a similar vein, the provision of feedback, including relative performance feedback, is often used in educational settings (Hattie & Timperley, 2007). Ample research has analyzed the effects of relative performance feedback in education on effort provision, test performance, and learning outcomes (Bursztyn & Jensen, 2015;Ashraf, Bandiera, & Lee, 2014;Azmat, Bagues, Cabrales, & Iriberri, 2019;Azmat & Iriberri, 2010;Tran & Zeckhauser, 2012;Megalokonomou & Goulas, 2018;Fischer & Wagner, 2018;Brade, Himmler, & Jäckle, 2018). Tran and Zeckhauser 1 Behavior and outcomes of peers are a reasonable source of individual reference point formation (cf.…”